1, THE LAINES, GORSLEY, ROSS-ON-WYE, HR9 7FH - £445,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 THE LAINES is a midsized detached house of 147m², built sometime between 1996 and 2002. It was last sold for £445,000 in June 2021, which was around 22% above the average June 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

1 THE LAINES Sold Prices

Land registry data shows four sales for 1 THE LAINES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the four 1 THE LAINES sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 11 JUN	£445,000	£365,088	22% above HPI
2015 5 JUN	£390,000	£292,443	33% above HPI
2006 7 JUL	£333,000	£265,092	26% above HPI
2002 24 MAY	£230,000	£160,958	43% above HPI

1 THE LAINES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The four 1 THE LAINES sales between May 2002 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2015 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2021 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 1 THE LAINES?

1 THE LAINES is 147m² according to the EPC inspection conducted in September 2015. This puts it in the largest 50% of detached houses in Gorsley Common, based on EPC data. The below chart shows the distribution of detached houses by size in Gorsley Common, and where 1 THE LAINES lies on this distribution: 51% of detached houses are smaller than 1 THE LAINES, and 49% of houses are larger. Note that EPC data is not available for all properties in Gorsley Common.

1 THE LAINES: Plot and Title Map

1 THE LAINES sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 1 THE LAINES, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 THE LAINES). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 THE LAINES?

1 THE LAINES is located in GORSLEY, in the HR9 postcode district. The below map shows the position of No. 1 on THE LAINES.